House price falls in Sydney and Melbourne are accelerating, new figures show

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House price falls in Melbourne are accelerating, new figures show

 

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Let me know when it's 700bn.

and what? i'm a writer, i'll win the nobel prize before i can afford to own a house

Another 20% down to go before they return to levels affordable by normal humans

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House price falls in Sydney and Melbourne are accelerating, new figures showSydney's property market just recorded its worst quarterly performance since March 2005, with prices now falling for five consecutive quarters When I can get a three bedroom, on a quarter acre block, in Glebe for 125k, then it matters to me. Until then, I can only dream of owning a substandard shoe box (AKA studio apartment) if I win the lottery. Jimparedes Similar happened in the U.S. What we are seeing are the results of neoliberal economics.
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